Legendary Technical Analyst: Bull Rally in U.S. Stock Market is Not Here Yet, What’s Missing?

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s&P 500 u.s. stock market dow jones

The U.S. stock market is seemingly in an ideal position to maintain its newly found momentum and extend its short-term rally throughout the upcoming months. The trade deal with China, which is widely considered to be the core catalyst of the U.S. stock market, has seen significant progress. Both countries have acknowledged the importance of a comprehensive trade agreement, and Chinese President Xi Jinping reportedly stated that the U.S. and China are “inseparable,” expressing his intent to reach a deal with the U.S. Louise Yamada Remains Skeptical of Dow’s 8-Week Rally However, on the technical side of the market, legendary

The post The Dow is Surging, But This Legendary Analyst Warns the US Stock Market is on Shaky Footing appeared first on CCN

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